Mastercard Files fifteen NFT and Metaverse Trademarks
Categories: Crypto News US
Mastercard has filed 15 NFT and metaverse trademark applications with the US Patent and Trademark Office, according to an April 11 report. The 15 applications include several crypto-related technologies Mastercard plans to tap into Mastercard Files NFT and Metaverse Trademarks. As per the report, the payments giant is looking to create a digital community for its users, NFT-backed multimedia, marketplaces for trading digital assets, e-commerce, virtual reality, and more.
An additional patent will add the Mastercard name to a wide range of social events in the metaverse and other virtual worlds, including concerts, sporting events, travel experiences, fine dining events and festivals, among others.
2022 Trademark Applications Exceed Past Two Years
Interestingly enough, the number of US NFT trademark applications filed this year has surpassed those over the past two years. This is another forward step for Mastercard as it seeks to further expand its reach in the digital assets world. In February, the company announced it would offer crypto and NFT consulting services, and possibly help to develop CBDCs (Central Bank Digital Currencies.)
Security Remains a Priority
Prioritising security for its users is a must for Mastercard – a reason why the company decided to acquire blockchain forensic firm CipherTrace to help keep users safe and enhance its operations in the digital assets space. Mastercard is also looking to make NFT purchases as easy as buying on e-commerce sites and Mastercard Files NFT and Metaverse Trademarks. As Crypto News Australia reported in January, it has partnered with crypto exchange Coinbase to allow customers to use their debit/credit cards on Coinbase’s upcoming NFT marketplace.
Mastercard, one of the world's biggest installment handling organizations, has supposedly documented brand names for "Metaverse" and "NFT" with the US Patent and Brand name Office (USPTO) and Mastercard is also looking to make NFT purchases as easy as buying on e-commerce sites and Mastercard Files NFT and Metaverse Trademarks. The move recommends that the organization is thinking about entering the quickly extending universe of blockchain-based computerized resources and augmented reality.
The brand name filings cover a large number of likely labor and products, including monetary administrations, cryptographic money related administrations, non-fungible tokens (NFTs), computerized wallets, and, surprisingly, computer generated reality headsets. This proposes that Mastercard might be intending to offer a scope of items and administrations connected with the Metaverse and NFTs, conceivably including installment handling for computerized resources and computer generated reality encounters.
The move comes as revenue in NFTs and the Metaverse keeps on developing, with various significant organizations and financial backers putting resources into the space. Mastercard's entrance into this market could assist with legitimizing blockchain-based computerized resources and augmented reality encounters, and could assist with bringing them further into the standard.
Notwithstanding, quite significant brand name filings don't be guaranteed to imply that an organization is wanting to send off a particular item or administration. It's conceivable that Mastercard is basically safeguarding its licensed innovation and keeping its choices open for what's in store Mastercard is also looking to make NFT purchases as easy as buying on e-commerce sites and Mastercard Files NFT and Metaverse Trademarks. Regardless, the filings demonstrate that the organization is basically investigating the chance of entering the quickly developing universe of blockchain-based advanced resources and augmented reality.